Idea buy above the trend line...target marked on red color.. If sustain below trend line...change the trade to short... My view bullish
Setup given on chart Trade cautiously This is an educational post Grateful!🙏
Wait for market to play out and then accordingly use these levels Do not take trades on my analysis alone. Compare with your analysis and then take trades This is for educational purposes Grateful!🙏
Setup given on the chart This is an educational post Grateful! 🙏
Banknifty has left the demand zone with a strong bullish candle Target of 19900 Gap up and gap down will change the setup Be careful while taking trades Comment if you have any doubts Grateful🙏
Personally, Banknifty will fall severly, once the ascending trendline is broken Lets wait and watch If you have any doubts, comment below Grateful🙏
The levels are mentioned on the charts, which could be used targets as well as support and resistance Be cautious and use your analysis to take trades Grateful🙏
In our previous post we had mentioned that if Nifty has to go down, it has to break below 20 day EMA in the next 2 days. That is what we have precisely seen. Opening scene of Day 2 – Nifty opens & stays below 20 day EMA throughout the day. We have accordingly suggested a trade in that post during market hours. Let’s analyse the data for the...
Trade has been described on the charts Due to news, the trade can be affected. Comment if you have any query This is a positional trade and not for intraday. Do your own research and then take the trade This is an educational post.
If fibonacci retracement is respected, targets for upside are 20885, 21200 If swing low is broken, targets for downside are 20370 and 20080 This is for educational purpose If you have any doubt comment below
Banknifty may fall But it can also give an upper breakout Reason is news If relief package is announced for small businesses, then market may open in green Trade cautiously If you have any doubt, comment below.
In our previous post we had given support levels of 8744 and 8688. Do notice, Nifty opened at 8688 close to 8680 level and managed to close the day at 8748 just a tad above 8744 support levels. In between we saw a roller coaster kind of a ride… From 140 points down in early trade to a rally of 478 points from the lows and then again a 430 point drop from the...
SBIN looks good for intraday Comment if you have any doubt regarding my setup Stay Safe!
Personally, I feel Banknifty is in a downtrend as the US just released their unemployment data, which has increased compared to the previous year Take trade according to your risk capacity and analysis If you have any doubts, comment down below Please drop a like on the post! Stay safe!
PURELY TECHNICAL Optimistic View - Nifty retraces to 7500 and rebounds back to current levels to complete a double bottom formation before breaking resistance @ 8900, in which case the target would be 10,000 (Max Call OI). This will become the next crucial resistance level. Pessimistic View - Nifty retraces to 7500, either stays within 7500-8900 level or breaks...
Comment if you have any doubts regarding my idea. I also would like to read about how I could have improved my analysis, so comment where I could have improved.
Target of 395, roughly 25% Do your own analysis before taking any decision Comment if you have any doubt or any suggestion for improvement in the idea